The revenues for the second quarter of 2011 were $530.51m, up 20%, compared to $443.53m for the same period in the previous year.

Operating income was $96.58m, up 16%, compared to $83.14m for the same period a year ago.

The company’s operating expenses were $433.92m, up 20%, compared to $360.38m for the same period in the earlier year.

Global Payments senior executive vice president and CFO David Mangum said that including the effect of the debit legislation as well as the three recent acquisitions, they are increasing their annual revenue expectations for fiscal 2012 to $2,150m to $2,200m, or 16% to 18% growth over fiscal 2011.